VA — Richmond
Commercial Real Estate
Financing in Richmond
Bridge, construction, renovation, and DSCR loans for Richmond investors and developers. $1M to $50M+.
Richmond is the capital of Virginia and the anchor of a metro area with over 1.3 million residents. The city's diversified economy — spanning finance, healthcare, government, and a growing tech sector — combined with its strategic Mid-Atlantic location makes it an increasingly attractive commercial real estate market.
Passy Capital helps Richmond investors and developers secure financing for multifamily acquisitions, adaptive reuse projects, ground-up construction, and value-add repositioning throughout the greater Richmond area. We structure deals that reflect the city's revitalization momentum and strong fundamentals.
Our lender network includes capital sources with active Virginia programs, familiar with Richmond's historic tax credit opportunities, university-driven demand, and the city's diverse investment landscape from the urban core to suburban growth corridors.
Richmond Market Highlights
Mid-Atlantic Location
Strategically positioned between DC and the Research Triangle, Richmond benefits from spillover demand and corporate relocations.
Scott's Addition Boom
The Scott's Addition neighborhood has become one of the most active mixed-use development areas on the East Coast.
Historic Tax Credits
Virginia's historic tax credit program makes adaptive reuse of Richmond's extensive historic building stock financially compelling.
University Demand
VCU, University of Richmond, and Virginia Union drive student housing demand and a steady pipeline of young professionals.
Financial Services Hub
Home to major financial institutions including Capital One, CarMax, and Markel, supporting office and multifamily demand.
Affordable Entry Point
Lower cost basis compared to DC and other Mid-Atlantic markets enables stronger yields and favorable debt coverage ratios.
Key Submarkets
Downtown Richmond
Scott's Addition
The Fan
Shockoe Bottom
Manchester
Church Hill
Carytown
Short Pump
Midlothian
Glen Allen
Henrico County
Chesterfield County
Property Types We Finance
Multifamily
Mixed-Use
Office
Retail
Industrial
Single Family (1-4)
Adaptive Reuse
Student Housing
Loan Programs
Bridge Loans
Short-term financing for acquisitions and repositioning.
Construction
Ground-up and heavy rehab financing with flexible draws.
Renovation / Rehab
Value-add financing for rehab and repositioning.
Fix & Flip
Fast capital for residential and small commercial flips.
DSCR / Rental
Long-term rental financing based on property cash flow.
Have a deal in Richmond?
Submit your deal in 2 minutes. We'll review it and get back to you within 24 hours with financing options.
Submit a Deal